After a long December holiday of over-spending and poor planning‚ pawn-shop and second-hand dealers are expecting an influx of people desperately short of cash in January. Meanwhile‚ debt rescue service providers say they see a "dramatic" increase in the number of people requesting their help at this time of year. Tom Fuhri‚ CEO of the second-hand dealers and pawn board‚ said the problem was the long break between December and January salaries and that people do not properly plan and budget for their holidays. "The people who end up in trouble in January‚ selling stuff‚ are the people who are spending money they don’t have‚" he said. "It really is a yearly phenomenon. Over December our shops are quiet because people go on holiday‚ but come January and February people find themselves in a difficult position and come sell goods. Usually it is the small things like electronics and jewellery‚" he said. Over-spending and poor budgeting is nothing new‚ but Roy Peretz‚ a pawn shop and seco...
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